Long-time Albany business under negotations to sell - WALB.com, Albany News, Weather, Sports

Long-time Albany business under negotations to sell

October 8, 2002

Albany--A long-time Albany business is on the selling block. Carlton Company is in negotiations with Austell-based Yancy Brothers. Carlton is the exclusive dealer in South Georgia of Caterpillar equipment. Yancy Brothers is the prime seller of the same product in North Georgia. Carlton Company spokesman Jim Pace expects a deal to be struck soon, but could not give any further information. Sources close to the talks do not expect the sale to effect the status of the Albany branch, but say employees there will more than likely have to reapply for the jobs for paperwork purposes. Carlton Company opened in 1951, and has five locations in South Georgia.

Posted at 4:22 p.m. by melissa.kill@walb.com